Margarita Momma is a new company to this area that provides frozen beverage machine rentals to the individual, whether it’s a nonprofit organization or a child’s birthday party. The frozen beverage is versatile; it can be either a slurpee or a frozen cocktail.
2.1 Company Ownership
Margarita Momma will be created as a Sole Proprietorship, owned by its founder, Greta Guidry. The company will be operated from the owner’s home.
2.2 Company Locations and Facilities
This business will be operated out of my residence at (address withheld for sample plan purposes).
2.3 Start-up Summary
Our start-up costs come to $11,960. This number includes three machines, three carts, mix, cups, straws, magnetic sign for delivery vehicle, business cards, and flyers. The details are included in the following table and chart.
|Brochures, Flyers, etc.||$20|
|Total Start-up Expenses||$161|
|Other Current Assets||$1,260|
|Start-up Expenses to Fund||$161|
|Start-up Assets to Fund||$11,799|
|Total Funding Required||$11,960|
|Non-cash Assets from Start-up||$10,960|
|Cash Requirements from Start-up||$839|
|Additional Cash Raised||$0|
|Cash Balance on Starting Date||$839|
|Liabilities and Capital|
|Accounts Payable (Outstanding Bills)||$0|
|Other Current Liabilities (interest-free)||$0|
|Additional Investment Requirement||$0|
|Total Planned Investment||$1,000|
|Loss at Start-up (Start-up Expenses)||($161)|
|Total Capital and Liabilities||$11,799|